$SPACE Signal: 1H overbought correction, wait for a low buy-in


$SPACE Funding rate is only 0.005%, long positions have very low entry costs, 1H RSI 75.95 has pierced into the overbought zone, 4H Bollinger upper band around 0.0082 shows stacking sell orders.
Buyers' active transaction ratio has fallen from 0.55 to 0.49, short-term momentum is weakening.
🎯Direction: Long (buy on pullback)
⚡Entry/Order: 0.007515 (recommended lower boundary of the range)
🛑Stop loss: 0.007455
🚀Target 1: 0.007635
🚀Target 2: 0.007695
🛡️Trade management:
- Wait for the price to dip back to around 0.007515 to place an order, set stop loss below 0.007455.
- Half the position at Target 1 and move the stop loss to the break-even point, remaining position looks to Target 2.
- If the price falls below the entry price and does not hit the stop loss, manually exit.
Depth logic: After the 1H Bollinger bands narrow, they open upward, but volume has not continued to expand; the 4H MACD histogram begins to narrow, indicating that bullish and bearish forces are rebalancing.
This is a game of the secondary restart after short-term profit-taking, with a risk-reward ratio of about 2:1, worth a shot.
Check real-time market 👇 $SPACE
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SPACE15.59%
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